Paragraph 2 I1F1
United Kingdom
If the application is made by more than one person(B), and the applicants have agreed on the manner in which the benefits resulting from the exploitation of the licence should be shared between them, the share each applicant would be entitled to take.
Annotations
Textual amendments
- F1
Regulations (except reg. 9(2)(c), Sch. 5) cease to have effect (for specified purposes) (30.6.2015) by The Petroleum Licensing (Applications) Regulations 2015 (S.I. 2015/766), regs. 1, 3 (with reg. 4(7))
Commencement
- I1
Sch. 2 para. 2 in force at 30.6.1995, see reg. 1